Second Half of Life Podcast

Medicaid Compliant Annuities

November 01, 2020 Steinbacher, Goodall & Yurchak Season 1 Episode 43
Second Half of Life Podcast
Medicaid Compliant Annuities
Chapters
Second Half of Life Podcast
Medicaid Compliant Annuities
Nov 01, 2020 Season 1 Episode 43
Steinbacher, Goodall & Yurchak

In this brief episode, a clip from a virtual event in September titled "Piecing Together the Long-Term Care Puzzle," Long-Term Care Planner Tammy Zilske talks about the use of a Medicaid Compliant Annuity to help pay for the cost of long-term care and to help qualify an individual for Medicaid benefits to pay for the cost of long-term care. The rules for such a product are complicated, so it is recommended that you consult an elder law attorney (like our firm!) before purchasing one. 

Show Notes

In this brief episode, a clip from a virtual event in September titled "Piecing Together the Long-Term Care Puzzle," Long-Term Care Planner Tammy Zilske talks about the use of a Medicaid Compliant Annuity to help pay for the cost of long-term care and to help qualify an individual for Medicaid benefits to pay for the cost of long-term care. The rules for such a product are complicated, so it is recommended that you consult an elder law attorney (like our firm!) before purchasing one.